No, your retirement account distributions will not be tax free. Since you are over 59 1/2, you are not subject to an early withdrawal penalty, but money taken out of your IRA's or 401k's etc. is taxable income. If you take money out, you will get a 1099R that must be entered on your tax return. You will be taxed at the rate for your income bracket on that income.
To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
